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Watson, IL Home Values and Rents
The typical home value in Watson is $162,525. Median rent is $742 a month.
- Typical home value
- $162,525
- Zillow
- Median rent
- $742/mo
- ACS 2020-2024
- Price change, 1 year
- +4.8%
- Sep 2026
- Homeownership
- 84.0%
- IL: 67.1%
Typical home value in Watson
Zillow Home Value Index, all homes, middle tier
Show as a table
| Period | Watson |
|---|---|
| Sep 2026 | $162,525 |
| Dec 2025 | $158,127 |
| Dec 2024 | $152,719 |
| Dec 2023 | $154,203 |
| Dec 2022 | $145,370 |
| Dec 2021 | $134,531 |
Over five years, Watson prices changed +26.3%.
Source: Zillow Research · Last updated 09/01/2026
Housing at a glance
American Community Survey 2020-2024 5-year estimates, compared with Illinois
- Median home value
- $100,000 · IL $263,300
- Median gross rent
- $742/mo · IL $1,274
- Home value to income
- 1.3 times the median household income ($74,167)
- Rent to income
- A year of median rent equals 12% of median household income
- Owner-occupied
- 84.0% of 238 households
- Housing units
- 238
- Vacancy rate
- 0.0%
- Median year built
- 1981
Fair Market Rents, FY2027
HUD rent standard for Effingham County, IL
| Unit size | Monthly rent |
|---|---|
| Studio | $764 |
| 1 bedroom | $792 |
| 2 bedrooms | $930 |
| 3 bedrooms | $1,231 |
| 4 bedrooms | $1,434 |
Frequently asked questions
- What is the typical home value in Watson, IL?
- The typical home value in Watson is $162,525 (Zillow Home Value Index, Sep 2026). The Illinois median is $263,300.
- How much is rent in Watson?
- The median rent in Watson is $742 a month, including utilities paid by the renter. HUD's FY2027 Fair Market Rent for a two-bedroom unit is $930.
- Are home prices going up in Watson?
- The typical home value in Watson changed +4.8% over one year and +26.3% over five years, as of Sep 2026.